Iran sees oil output rising to pre-sanctions level by June
Iran's oil production will reach pre-sanctions levels within two months, a deputy oil minister was quoted as saying on Tuesday in what could be...
Asian markets fall on oil price dip
Oil prices struggled at seven-year lows Tuesday, sending Asian energy firms plunging in line with their US and European counterparts after OPEC's decision to...
Oil bounces after producers fail to agree on freezing output
Crude oil prices tumbled but then regained some lost ground on Monday after oil-rich countries failed to reach an agreement Sunday on freezing production.
U.S....
Abu Dhabi sees strong demand for $5 billion bond offer
Abu Dhabi said Tuesday that it had seen strong investor interest in a $5 billion issuance of sovereign bonds, the first by the oil-rich...
Samsung Engineering reaches milestone in Saudi Arabia project
SAMSUNG Engineering Co., Ltd, revealed that it has reached a major milestone is terms of safety with Aramco’s Shaybah project. Samsung achieved the new...
Row over sandy tracks hits Spain-Saudi rail project
It is the biggest contract Spanish firms have ever undertaken abroad, a high-speed railway linking Islam's holiest cities, Makkah and Medina, in Saudi Arabia...
New measures implmented to target ‘unethical’ online news portals
Electronic newspapers in Saudi Arabia are facing difficult times with the Ministry of Culture and Information announcing plans to implement a comprehensive corrective campaign...
Oil prices move up from 12 year lows as China shares rise
Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in Chinese shares, but persistent...
Iran says oil exports still constrained after sanctions lifted
Iran still faces constraints on oil exports as buyers are cautious about boosting trade immediately because of banking and ship insurance difficulties, a senior...
Saudi Arabia could sell off billions in American assets if bill passes
The Saudi Arabian government has threatened to sell of hundreds of billions of dollars' worth of American assets should the U.S. Congress pass a...
